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scheduld d

dmufeed
Level 2

how to report stock INVESTMENT on 1040. they are not on form 1099 b and they are not sold, neither have holding period or a sold date but they has cost baises and unrealized gains. so where do i report that? and do i need to report it if there was no sale

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7 Comments 7
abctax55
Level 15

Assuming you mean on a Form 1040, nothing is reported until there's a sale. "Unrealized" just shows the change in value.

 

"*******Tax software is no substitute for a professional tax preparer*******
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Just-Lisa-Now-
Level 15
Level 15

You wont report it until its sold.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
PATAX
Level 15

@Just-Lisa-Now- @abctax55 both of you were very kind in your response.😁

abctax55
Level 15

@PATAX 

You seem.to be implying that sometimes we *aren't* nice ?  😉

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
PATAX
Level 15

👍 let's just say that I think frustrated in Illinois may have had a different response based on one of his recent posts... got to go now, Heidi smells the fish baking in the oven and she's starting to go Loco.

IRonMaN
Level 15

I thought Heidi was more of a steak kinda gal instead of lutefisk😜


Slava Ukraini!
PATAX
Level 15

Iron Man, she is really a good dog. She will eat just about anything that I make or give her. And she never stops begging for food. Never. She goes crazy for that kraft American cheese too. I don't know why. I buy a whole box and it lasts about two weeks.